01/31/2012 Intraday Watering

[costco]

I said the bias is up. now the target. a little channel resistance here though, wait.

Hi Cobra. Is this morning's drop one leg or two leggs?

[Cobra]

still in channel, so bears still have hopes. here's the plan.

[BullTart]

Rev your engines! Sell-off into the close!

Then, gap down under 1300 tomorrow morning!

Just sayin' yo.

[BullBear52x]

Crazy lines, for those who luv lines

[Cobra]

I said the bias is up. now the target. a little channel resistance here though, wait.

Hi Cobra. Is this morning's drop one leg or two leggs?

one legged. but this rebound proves the drop was corrective. even we do have another leg down tomorrow, might not go too far.

[TraderGirl]

I see bear wedge...

[SWalsh]

I see bears

Worthy of "I see dead bulls"

so far, 4 red days in a row. down only 23 points. always thought bears jump out the window.

The Dow is stuck between a bullish candle and a bearish candle. My wave count says this is wave 4, or we had a failed 5th already and a rally isn't needed. The whole move up looks corrective, yet it also does since March 9th, 2009. As I think I've been pretty clear on, there's a team of 400 pound gorillas playing and we are all American Tourister luggage.

http://www.youtube.com/watch?v=749iU2Zv1kw

[xglider]

Rev your engines! Sell-off into the close!

Then, gap down under 1300 tomorrow morning!

Just sayin' yo.

I'm with you bro, this channel is being played by the day traders. They will exit by EOD since headline risk is too high.

[dr659]

I said the bias is up. now the target. a little channel resistance here though, wait.

Hi Cobra. Is this morning's drop one leg or two leggs?

one legged. but this rebound proves the drop was corrective. even we do have another leg down tomorrow, might not go too far.

So this Bear turned out to be a cute little panda bear

[L_T]

Rev your engines! Sell-off into the close!

Then, gap down under 1300 tomorrow morning!

Just sayin' yo.

Whatever you TVIX-biased black bird of DOOM!

Ha ha I'm just feeling cheeky. I still think long volatility is better than short right now.

[jimme]

I believe all this action is because it's THE END OF THE MONTH. Da Boys love to make themselves look good. I am in for the plunge tommorrow. GLTA jimme

[Al_Dente]

1min
Bond mkt closed, tnx changed to tbt
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

[KENA]

FYI...For the Bears the " Stock Traders Almanac " for Feb shows only 8 green days in Feb..Lets see.

[TWT]

SPX: if the ZZ or DZZ is the correct pattern then this could be the s/t count

[TraderGirl]

Got a break...and backtest...

[HappyFriday]

No big win on either side !

[TraderGirl]

update..

[Cobra]

I think the new plan has been fulfilled, just it's too small to be meaningful for trading, so forget about it. let's see how market closes. now bear's hope is to close in green today not red, because usually a 4 red in a row means a bottom, so certainly bears don't want that, do they?

[Me XMan]

Top is in! Time for another poll Cobra.

Rev your engines! Sell-off into the close!

Then, gap down under 1300 tomorrow morning!

Just sayin' yo.

[TraderGirl]

SPX: if the ZZ or DZZ is the correct pattern then this could be the s/t count

Let's hope your count is THE ONE!!